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  "documentTitle": "Health Management Associates (HMA)",
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  "authorName": "Larry Robbins",
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  "presentationDate": "2013-07-01 00:00:00",
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  "notes": "The slide uses a contrast-pair structure to highlight the gap between shareholder suggestions and board inaction, followed by a breakdown of the 'Rights Plan' mechanics.",
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      "text": "Board determines who can own 15%+",
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      "text": "Outside Suggestion vs HMA Response timeline",
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      "kind": "quote",
      "text": "\"The Board of Directors shall have the exclusive power and authority to administer, interpret and apply this Agreement...All such actions, calculations, interpretations and determinations done or made by the Board of Directors in good faith shall (i) be final, conclusive and binding...and (ii) not subject any member of the Board of Directors to any liability to the holder of Rights\" —HMA 8K May 24, 2013",
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      "text": "\"The Board of Directors shall have the exclusive power and authority to administer, interpret and apply this Agreement...All such actions, calculations, interpretations and determinations done or made by the Board of Directors in good faith shall (i) be final, conclusive and binding...and (ii) not subject any member of the Board of Directors to any liability to the holder of Rights\" — HMA 8K May 24, 2013",
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      "kind": "title",
      "text": "OUR VIEW: BOARD FAILURE TO CONSIDER ALTERNATIVES TO CREATE SHAREHOLDER VALUE",
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